Billionaire Vimal Shah Narrates Losing Over Ksh100 Million in Forex Deal

Kenyan billionaire Vimal Shah testified about losing Ksh102.4 million in a failed forex deal while seeking dollars for imported raw materials. The funds were transferred to another company instead of directly to the individual who arranged the deal. Shah confirmed that no documents proved the accused personally benefited from the money, emphasizing that the transaction was based on a formal agreement.